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Vermilion County, LA · Sold

LA-900242

3142 County Road 231

$5,500
$7,143/ac · 0.77 ac
Acreage0.77 ac
Price per acre$7,143/ac
ZoningRecreational
Road accessGravel
UtilitiesFull utilities
TopographyWooded
ListedNov 1, 2024
Coordinates29.8800, -92.3968
Loading terrain…
County GIS boundary

We do not yet have an active public ArcGIS connection for this county. Use the official source link to verify the parcel boundary and flood/zoning layers.

County market

Vermilion County, Louisiana. Timber and marsh-adjacent tracts; drainage defines usable acreage.

View Vermilion market data →

Step 1 · Is this a deal?

Due diligence

No material red flags on the mapped layers.

Risk index
7
Low risk
Wetlands2.2% of tract

Little to no mapped wetland coverage.

Average slope9.5%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

209 ft of deeded road frontage.

PowerOn site

Power at or near the road.

Buildable area0.72 of 0.77 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$4,651
$3,829$5,473 · $6,040/ac on 0.77 ac
Asking vs estimate
+18.3%
Priced above the comp set

Weighted from 7 recorded sales, adjusted for tract size, access, utilities and time since sale. Range width reflects dispersion across the comp set.

AI deal brief

Comps, diligence flags, an offer number and what to ask the seller.

Offer calculatorAsking $5,500
Maximum allowable offer
$2,658
$3,451/ac · +30.0% target margin

You need $2,842 off asking to hit this margin.

All-in cost$2,884
Net resale$4,279
Projected profit$1,395
ROI+48.4%
Annualized+69.2%
Break-even resale$4,071/ac
Profit if resale lands off target
-20%
$539
-10%
$967
0%
$1,395
+10%
$1,823
+20%
$2,250
Comparable sales7 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
LA-300350
Gravel · Full utilities
0.8Apr 12, 2024$5,0005,9246,5128.9 mi
74
LA-551351
Dirt · Power at road
1.7Jul 27, 2026$8,8005,1087,33412.2 mi
69
LA-381450
Dirt · Off grid
1.9Apr 28, 2026$5,1002,7394,6816.7 mi
69
LA-320483
Dirt · Full utilities
0.9Aug 1, 2024$5,4005,9197,48411.7 mi
68
LA-380603
Landlocked · Full utilities
1.0Jul 14, 2024$3,0002,9584,7449.3 mi
68
LA-101836
Dirt · Off grid
2.5Dec 4, 2025$7,7003,1255,46010.4 mi
65
LA-701186
Paved · Power at road
1.5Aug 4, 2024$8,1005,2855,97711.3 mi
59
Show adjustment detail for the top comp
  • Market time (28 mo)+9.8%

Step 3 · Market it

Turn this underwriting into a listing

Generate a comp-priced headline, listing description, land-group post and cash-buyer email for this tract — then post it to the investor marketplace.